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宁波联合(600051) - 2019 Q1 - 季度财报
NUGNUG(SH:600051)2019-04-22 16:00

Financial Performance - Net profit attributable to shareholders was ¥20,947,440.80, representing a significant increase of 627.91% year-on-year[6]. - Operating revenue for the period was ¥761,745,286.31, reflecting a growth of 2.39% compared to the same period last year[6]. - Basic earnings per share rose to ¥0.0674, up 624.73% from ¥0.0093 in the previous year[6]. - The company's total liabilities as of March 31, 2019, were CNY 3,970,814,166.54, slightly up from CNY 3,954,227,705.20 at the end of 2018[36]. - The company reported a net profit attributable to shareholders of CNY 1,633,616,966.63, up from CNY 1,506,454,240.54 in the previous period[36]. - The net profit for Q1 2019 reached CNY 40,010,517.87, a significant recovery from a net loss of CNY 2,699,191.45 in Q1 2018[49]. - The total profit for Q1 2019 was CNY 53,484,288.89, compared to a loss of CNY 2,695,045.74 in the same period last year[49]. Cash Flow - Net cash flow from operating activities was negative at -¥125,244,241.21, compared to -¥85,863,828.80 in the same period last year[6]. - Net cash flow from investing activities was negative CNY 17,439,814.86, a decline from positive CNY 15,573,379.15 in the previous year[26]. - Net cash flow from financing activities was negative CNY 64,013,988.49, a significant decrease from positive CNY 97,519,456.92 in the same period last year, mainly due to reduced bank loans[26]. - The cash inflow from operating activities in Q1 2019 was CNY 1,081,105,103.95, down from CNY 1,200,322,066.56 in Q1 2018[53]. - The total cash inflow from financing activities was ¥299,481,546.61, down from ¥409,652,603.88, reflecting a decrease in financing activities[54]. - The cash and cash equivalents net increase was -¥206,702,925.07, contrasting with an increase of ¥28,811,486.41 in the same quarter last year, indicating a challenging cash flow situation[55]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥6,637,329,339.54, an increase of 0.42% compared to the end of the previous year[6]. - Current assets totaled CNY 4,787,185,736.96, an increase from CNY 4,599,695,014.04 at the end of 2018[34]. - The company’s long-term borrowings decreased to CNY 259,347,730.00 from CNY 279,347,730.00[36]. - Total liabilities were ¥3,954,227,705.20, indicating no significant change from the previous reporting period[63]. - Total equity increased to CNY 2,666,515,173.00 as of March 31, 2019, compared to CNY 2,655,470,928.55 at the end of 2018[36]. Shareholder Information - The total number of shareholders at the end of the reporting period was 25,103[10]. - The largest shareholder, Zhejiang Rongsheng Holding Group Co., Ltd., held 29.08% of the shares, amounting to 90,417,600 shares[10]. Expenses and Income - Tax and additional fees decreased by 73.98% to CNY 2,338,057.59 due to reduced sales revenue from subsidiary Wenzhou UnionPay Investment Real Estate Co., Ltd.[19]. - Sales expenses decreased by 40.29% to CNY 16,730,736.85, primarily due to reduced transportation and commission fees from subsidiary Ningbo United Group Import and Export Co., Ltd.[19]. - Financial expenses decreased by 32.91% to CNY 12,904,811.11, attributed to a reduction in bank loans by subsidiary Wenzhou UnionPay Investment Real Estate Co., Ltd.[19]. - Investment income decreased by 85.67% to CNY 3,887,398.10, mainly due to the previous year's disposal of 100% equity in two subsidiaries by Liangzhu Wedding Group Co., Ltd.[20].